Nhon Trach 2 (NT2) plans reduction 62% revenue in 2026, to VND430.03 billion
Thursday, May 14,2026
AsemconnectVietnam - Nhon Trach 2 Petrochemical Power Joint Stock Company (NT2 – HOSE) has announced the documents for its 2026 Annual General Meeting of Shareholders, scheduled to be held on May 28th.
In 2026, Nhon Trach 2 plans for total revenue of VND8,170.12 billion, expected after-tax profit of VND430.03 billion, and an expected dividend rate of 15%.
It is known that in 2025, Nhon Trach 2 recorded an after-tax profit of VND1,130.28 billion.
Thus, according to the 2026 plan, Nhon Trach 2 anticipates a profit decrease of up to 62% compared to 2025.
Nhon Trach 2 believes that difficulties in production and business will continue into 2026, including the spread of war in various regions, QC allocation, declining gas resources, high input gas prices, and the impact of renewable energy sources, thus forcing Nhon Trach 2 to develop a backward-looking plan.
Regarding dividends for 2025, Nhon Trach 2 is proposing a 10% dividend plan, equivalent to a total payout of VND287.88 billion.
Regarding personnel, Nhon Trach 2 is proposing to shareholders the dismissal of Ms. Phan Lan Anh from the Supervisory Board. Conversely, Nhon Trach 2 is proposing to shareholders the election of one additional independent member to the Board of Directors and the replacement of one member of the Supervisory Board.
In terms of business performance, in the first quarter of 2026, Nhon Trach 2 recorded revenue of VND2,171.66 billion, an increase of 52.2% compared to the same period last year; after-tax profit reached VND179.98 billion, an increase of 387% compared to the same period last year. The gross profit margin improved from 3.1% to 10%.
N.Nga
Source: VITIC/Tinnhanhchungkhoan
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